Denali Advisors LLC Sells 38,700 Shares of 1st Source Corporation $SRCE
Denali Advisors LLC significantly reduced its stake in 1st Source Corporation (SRCE) by selling 38,700 shares, though it still retains 80,900 shares valued at $6.6 million. Despite this sale, institutional investors hold a substantial 74.45% of the company's stock. The financial services provider reported strong Q2 earnings, beating analyst estimates for both EPS and revenue, and also increased its quarterly dividend.
Local 3rd Graders Visit 1st Source Hebron Banking Center
Five third-grade classes visited the 1st Source Hebron Banking Center for a behind-the-scenes tour. Students learned about safety, security, and the importance of saving, including a demonstration where saving a sucker earned them a second one. The visit aimed to educate young students on financial literacy in an engaging way.
A Look Back at Regional Banks Stocks’ Q2 Earnings: 1st Source (NASDAQ:SRCE) Vs The Rest Of The Pack
The article reviews the Q2 earnings season for regional banks, highlighting 1st Source (NASDAQ:SRCE) and its peers. It discusses the mixed performance of 95 regional bank stocks, noting that revenues were generally in line with analyst estimates, leading to an average share price increase of 3.3%. The piece details the individual results of top performers like OFG Bancorp and UMB Financial, as well as the weakest, Banc of California, providing specific revenue figures and stock performance.
1ST Source Bank Invests $416.95 Million in 1st Source Corporation $SRCE
1ST Source Bank has significantly increased its stake in 1st Source Corporation (NASDAQ:SRCE), acquiring over 5.11 million shares valued at approximately $416.95 million. This purchase makes SRCE the bank's second-largest holding, representing about 21.22% ownership. Analysts maintain a "Moderate Buy" rating for SRCE with an average price target of $89.67, following strong quarterly earnings and an increased quarterly dividend.
A Look Back at Regional Banks Stocks’ Q2 Earnings: 1st Source (NASDAQ:SRCE) Vs The Rest Of The Pack
This article reviews the Q2 earnings season for regional banks, highlighting 1st Source (SRCE) as a strong performer. It also details the performance of OFG Bancorp (OFG) and UMB Financial (UMBF) as strong, Banc of California (BANC) as the weakest, and Butterfield Bank (NTB) with mixed results. The overall sector saw mixed revenues but share prices held steady post-earnings.
Insider Selling: 1st Source (NASDAQ:SRCE) CFO Sells $43,945.00 in Stock
1st Source Corporation's (NASDAQ:SRCE) CFO, Brett Bauer, sold 500 shares of company stock for $43,945.00 on August 10th, reducing his direct ownership by 1.6%. Despite this insider sale and a slight dip in stock price, the company reported strong quarterly earnings, beating analyst estimates, and increased its quarterly dividend. Analysts maintain a "Moderate Buy" consensus rating for SRCE with an average price target of $89.67.
1ST SOURCE CORP (SRCE) CFO Brett Bauer sells 500 shares at $87.89
1ST SOURCE CORP's Treasurer and CFO, Brett A. Bauer, reported selling 500 shares of common stock at $87.89 per share on August 10, 2026. Following this transaction, Bauer directly holds 30,706 shares and indirectly holds 3,024 shares through a 401(k) plan. The sale amounted to approximately $44,000 and was classified as an open market or private transaction.
1st Source releases Q2 2026 investor presentation highlighting $9.3B assets, $7.23B loans, strong capital
1st Source (SRCE) released its Q2 2026 investor presentation, showcasing its financial strength with $9.3 billion in total assets and $7.23 billion in loans and leases. The company reported a strong capital position, including a tangible common equity-to-tangible assets ratio of 13.36%, alongside a net income of $88 million and a diluted EPS of $3.58 year-to-date for 2026. The presentation also highlighted its significant involvement in renewable energy financing, with over $741 million in loans and leases outstanding.
1st Source Corp (SRCE) Earnings Forecast: Future EPS & Revenue Growth Estimates
This article provides an earnings forecast for 1st Source Corp (SRCE), indicating a current earnings forecast score of 6.67 and an average price target of $69.00 based on 3 analysts who currently rate the stock as "Hold". Key financial expectations include an anticipated revenue of $118.32 million for the next quarter and an EPS forecast of $1.83, following a previous quarter's EPS of $1.63 against an expectation of $1.95.
How Stronger Earnings and a Higher Dividend At 1st Source (SRCE) Has Changed Its Investment Story
1st Source Corporation (SRCE) reported strong Q2 2026 results with increased net interest income and net income, leading to a higher quarterly dividend of US$0.45 per share. This performance reinforces the bank's conservative investment narrative, focusing on consistent earnings and capital returns, despite market opinions on fair value varying significantly. The improved earnings and dividend signal management confidence, though core risks like credit quality and funding costs remain relevant.
1st Source Corp (SRCE) director granted 178-share stock award
Ronda Shrewsbury, a director at 1st Source Corp (SRCE), was granted 178 shares of common stock on August 4, 2026, at a price of $89.76 per share. This transaction increased her direct holdings to 14,641 shares. The filing, a Form 4, indicates a neutral impact and sentiment on the stock.
1st Source Corp (SRCE) director receives 155-share stock award
1st Source Corp director Todd F. Schurz was awarded 155 shares of common stock on August 4, 2026, at a price of $89.76 per share. Following this transaction, Schurz directly holds 15,966 shares of the company's common stock. This stock grant was a compensation-related acquisition rather than an open-market purchase.
1st Source Corp (SRCE) director receives 155-share common stock grant
1st Source Corp director Tracy D. Graham reported a Form 4 transaction, receiving a grant of 155 shares of Common Stock on August 4, 2026, at $89.76 per share. This acquisition increased his direct holdings to 13,650 shares. The transaction was not executed under a Rule 10b5-1 trading plan.
How Stronger Earnings and a Higher Dividend At 1st Source (SRCE) Has Changed Its Investment Story
1st Source Corporation (SRCE) reported strong second-quarter results in July 2026, with increased net interest income and net income, leading to a higher quarterly dividend of US$0.45 per share. This dividend increase, coupled with lower net charge-offs, reinforces the bank's investment narrative of disciplined management and consistent earnings. While the shares might be trading above fair value, the recent performance provides a clearer context for assessing future risks and opportunities.
1st Source (SRCE) Could Be 42% Undervalued After Strong Earnings And A Dividend Rise
1st Source (SRCE) recently reported strong Q2 2026 earnings, including higher net interest income, net income, and a dividend increase, leading to significant stock price growth. While its P/E ratio suggests it's slightly overvalued compared to the broader US banks sector, a Discounted Cash Flow (DCF) model indicates a potential undervaluation of up to 42%. The article advises investors to review the underlying data given these mixed valuation signals.
1st Source releases Q2 2026 investor presentation highlighting $9.3B assets, $7.23B loans, strong capital
1st Source (SRCE) has released its Q2 2026 investor presentation, showcasing its financial strength. The bank reported $9.3 billion in assets, $7.23 billion in loans and leases, and strong capital ratios. Key financial figures include $88 million in net income and a diluted EPS of $3.58 for the year-to-date 2026.
1st Source Corporation (NASDAQ: SRCE) grows 2026 YTD earnings and net interest margin
1st Source Corporation (NASDAQ: SRCE) has reported strong year-to-date growth in earnings and net interest margin for 2026, driven by an increase in net interest income and a growing loan portfolio. The community bank, with $9.3 billion in assets, demonstrated solid capital ratios and conservative asset quality metrics. The filing, an 8-K investor presentation, provided financial details including net income of $88 million YTD and a net interest margin of 4.24%, along with information on loan growth and shareholder returns.
1st Source (SRCE) Could Be 42% Undervalued After Strong Earnings And A Dividend Rise
1st Source (SRCE) has reported strong second-quarter 2026 earnings, including higher net interest income and net income, a dividend increase, and reduced net charge-offs. Despite a mixed valuation picture where its P/E ratio is slightly above the US banks sector average, Simply Wall St's discounted cash flow (DCF) model suggests the stock might be significantly undervalued by 42%. The article advises investors to review underlying data and consider potential risks like slowing loan demand.
1st Source Corporation $SRCE Shares Purchased by Janus Henderson Group PLC
Janus Henderson Group PLC increased its stake in 1st Source Corporation (NASDAQ:SRCE) by 37.4% in the first quarter, owning 460,422 shares valued at $31.9 million. Institutional investors collectively own 74.45% of the company, which recently exceeded earnings expectations and raised its quarterly dividend. Analysts maintain a "Moderate Buy" rating with a consensus target price of $89.67.
Edgestream Partners L.P. Buys 29,732 Shares of 1st Source Corporation $SRCE
Edgestream Partners L.P. significantly increased its stake in 1st Source Corporation (NASDAQ:SRCE) by 226.9% in the first quarter, purchasing 29,732 additional shares, bringing their total holdings to 42,833 shares valued at approximately $2.96 million. Institutional investors now collectively own 74.45% of the company. The company also reported strong quarterly earnings, beating analyst expectations, and raised its quarterly dividend to $0.45 per share, representing a 2.0% yield.
23,524 Shares in 1st Source Corporation $SRCE Purchased by Principal Financial Group Inc.
Principal Financial Group Inc. has acquired 23,524 shares of 1st Source Corporation (NASDAQ:SRCE) during the first quarter, valued at approximately $1.63 million. This purchase represents about 0.10% of the company, with institutional investors now owning 74.45% of the stock. 1st Source recently exceeded quarterly earnings expectations and increased its quarterly dividend to $0.45 per share.
SRCE|1st Source Corp|Price:89.760|Chg%:-0.540
This article provides a comprehensive stock analysis of 1st Source Corp (SRCE), highlighting its strong fundamentals, high growth potential, and fair valuation within the Banking Services industry. It notes a very high institutional ownership and a "Hold" rating from multiple analysts. The analysis also details the company's strengths, such as consistent revenue and profit growth, stable high dividends, and its diversified financial services offerings.
1st Source (NASDAQ:SRCE) Upgraded at Zacks Research
Zacks Research has upgraded 1st Source (NASDAQ:SRCE) to a "strong buy" rating. This upgrade follows a positive earnings report where the company surpassed analyst estimates for both EPS ($1.95 vs $1.71) and revenue ($118
SRCE|1st Source Corp|Price:90.430|Chg%:-0.190
This article provides a detailed analysis of 1st Source Corp (SRCE) stock, highlighting its current market trends, real-time quotes, and related analysis. It covers key financial figures, insights into its fundamentals and valuation, analyst ratings, and technical indicators. The company is noted for its healthy fundamentals, high growth potential, and high institutional ownership, with a current "Hold" rating from analysts.
D.A. Davidson Maintains 1st Source Corp.(SRCE.US) With Hold Rating, Raises Target Price to $87
D.A. Davidson has reiterated a Hold rating on 1st Source Corp. (SRCE.US) and increased its price target to $87. This adjustment reflects the firm's updated outlook on the company's valuation.
1ST SOURCE CORP : PIPER SANDLER RAISES TARGET PRICE TO $100 FROM $88
Piper Sandler has increased its target price for 1st Source Corp (NASDAQ:SRCE) shares to $100, up from the previous target of $88. This adjustment indicates a more optimistic outlook from the firm regarding the company's future stock performance.
1st Source Corp (SRCE) Valuation: PE, PB & Fair Value Analysis
This article provides a valuation analysis for 1st Source Corp (SRCE), noting its current valuation score of 8.43, ranking 151 out of 394 in the Banking Services industry. The P/E ratio stands at 13.90, which is at its recent high and significantly above its recent low. However, key P/B, P/S, and P/CF data have not yet been disclosed by the company.
1st Source (SRCE) Lifts Earnings And Dividend, Is The Valuation Still Attractive?
1st Source (SRCE) recently reported strong Q2 2026 earnings, including higher net interest income and net income, and increased its quarterly dividend. The stock has seen significant short-term and long-term gains, prompting questions about its current valuation. While its P/E ratio of 12.3x is slightly above the US banks industry average, it trades at a significant discount to an estimated fair value of $129.79 based on a Discounted Cash Flow (DCF) model.
Piper Sandler raises 1st Source stock price target on profitability
Piper Sandler has increased its price target for 1st Source Corp. (NASDAQ:SRCE) to $100 from $88, maintaining an Overweight rating, based on strong second-quarter results and increased earnings per share estimates for 2026 and 2027. The firm cited 1st Source's organic balance sheet growth, net interest margin resiliency, core fee income increases, and improved credit metrics as key drivers. This upgrade follows a solid performance where 1st Source surpassed earnings forecasts and demonstrated attractive valuation metrics.
1st Source (SRCE) Lifts Earnings And Dividend, Is The Valuation Still Attractive?
1st Source (SRCE) reported stronger Q2 earnings and a higher dividend, attracting investor attention. The stock has seen significant short-term and long-term gains, leading to questions about its current valuation. While its P/E ratio is slightly above the industry average, it trades at a discount compared to peers and an internal fair value estimate, suggesting potential for further upside despite some mixed signals.
1st Source (NASDAQ:SRCE) Price Target Raised to $82.00 at Keefe, Bruyette & Woods
Keefe, Bruyette & Woods has increased its price target for 1st Source (NASDAQ:SRCE) to $82.00 from $79.00, while maintaining a "market perform" rating. This adjustment reflects a potential downside of nearly 5% from the current stock price, despite the company exceeding quarterly earnings and revenue estimates. Overall analyst sentiment for 1st Source remains positive, with a "Moderate Buy" consensus and an average price target of $85.67.
DA Davidson raises 1st Source stock price target on strong earnings
DA Davidson raised its price target for 1st Source (NASDAQ:SRCE) to $87 from $77, while maintaining a Neutral rating, following strong earnings. The bank's earnings per share, core pre-provision net revenue, net interest income, and core fees all exceeded forecasts. Despite the positive earnings, InvestingPro analysis suggests the stock may be overvalued as it trades near its 52-week high.
DA Davidson Increases 1st Source (NASDAQ:SRCE) Price Target to $87.00
DA Davidson has increased its price target for 1st Source (NASDAQ:SRCE) from $77 to $87, maintaining a "neutral" rating. This new target implies a potential upside of 0.17% from the previous close for
1st Source Corp (SRCE) Earnings Forecast: Future EPS & Revenue Growth Estimates
This article provides an earnings forecast for 1st Source Corp (SRCE), detailing its current earnings forecast score, average price target, and analyst ratings. It highlights that the company ranks 237 out of 394 in the Banking Services industry and includes peer comparisons and frequently asked questions regarding its financial outlook.
1ST Source Bank Has $11.57 Million Position in NVIDIA Corporation $NVDA
1ST Source Bank recently reduced its stake in NVIDIA Corporation by 4.6% during the first quarter, now owning 66,332 shares valued at $11.57 million. Despite this, other major institutional investors like State Street Corp and Geode Capital Management LLC significantly increased their holdings in NVIDIA. The company has also seen positive news through AI research collaborations and manufacturing deals, alongside mixed sentiment from insider selling and broader semiconductor market concerns.
1st Source on Track for Record High Close -- Data Talk
1st Source (SRCE) is poised to close at a record high, indicating strong performance. The article suggests that the company's stock is experiencing significant positive momentum, reaching new highs. This data suggests an optimistic outlook for investors in SRCE.
1st Source Corp Q2 2026 SEC 10-Q: Loan Portfolio, Credit, and Financial Highlights Explained
1st Source Corp (Nasdaq: SRCE) has released its Q2 2026 SEC 10-Q filing, detailing its diverse loan portfolios, credit quality, asset valuation, and risk management strategies. The report highlights the bank's active management of various asset classes, including commercial real estate and renewable energy loans, and its use of derivative instruments for hedging. Key considerations for investors include credit quality trends, loan modifications, fair value measurements, and potential price-sensitive issues like changes in impaired loans or derivative performance.
1st Source (NASDAQ:SRCE) Posts Better-Than-Expected Sales In Q2 CY2026
1st Source (NASDAQ:SRCE) reported Q2 CY2026 results that surpassed market expectations for revenue and net interest income. The company's sales rose 8% year-on-year to $118.2 million, and its GAAP earnings per share of $1.95 significantly beat analyst estimates. While tangible book value per share slightly missed estimates, overall the quarter was considered solid with positive takeaways.
SRCE Stock Price and Chart — NASDAQ:SRCE
This page provides comprehensive information on SRCE (1st Source Corporation) stock, including its current price, market capitalization, dividend yield, and financial performance. It also offers technical analysis, analyst ratings, and details on ETFs holding the stock, along with frequently asked questions about investing in SRCE.
Earnings Flash (SRCE) 1st Source Posts Q2 EPS $1.95, Vs. FactSet Est of $1.71
1st Source Corporation (SRCE) announced its Q2 EPS of $1.95, significantly surpassing the FactSet estimate of $1.71. This earnings beat indicates stronger-than-expected financial performance for the quarter.
1st Source Reports Record Q2 Net Income $47.54M; EPS $1.95; Dividend Raised to $0.45
1st Source reported record net income of $47.54 million for Q2 2026, a 27.4% increase year-over-year, with diluted net income per common share reaching $1.95. The company's board approved an increase in the quarterly cash dividend to $0.45 per share. Key financial highlights include improved capital ratios, sequential growth in average loans and deposits, and a significant reduction in provision for credit losses.
1st Source (NASDAQ:SRCE) Releases Earnings Results, Beats Expectations By $0.24 EPS
1st Source (NASDAQ:SRCE) announced its earnings results, reporting $1.95 EPS, significantly beating analysts' consensus of $1.71 by $0.24. The company also surpassed revenue forecasts with $118.16 million against an expected $114.13 million. Following the news, the stock rose to $83.18, and analysts maintain a "Moderate Buy" rating with a consensus target price of $77.00.
1st Source (NASDAQ: SRCE) Q2 profit climbs to $47.5M on loan growth
1st Source Corporation reported a significant increase in Q2 2026 net income to $47.5 million, up from $37.3 million in the prior year, primarily driven by loan growth. Net interest income rose to $93.1 million, and total loans and leases expanded to $7.22 billion. The company highlighted an economic outlook with elevated geopolitical risk, uneven growth, and a higher-for-longer interest rate environment, while maintaining strong capital levels with a shareholders' equity-to-assets ratio of 14.15%.
1st Source (SRCE) Q2 Earnings and Revenues Beat Estimates
1st Source (SRCE) reported Q2 earnings of $1.95 per share, surpassing the Zacks Consensus Estimate of $1.71, and revenues of $118.16 million, beating the estimate of $115.2 million. The company has consistently outperformed EPS estimates three out of the last four quarters and revenue estimates three times. The stock currently holds a Zacks Rank #2 (Buy), indicating expected market outperformance.
1st Source (NASDAQ:SRCE) Posts Better-Than-Expected Sales In Q2 CY2026
1st Source (NASDAQ:SRCE) reported Q2 CY2026 results that exceeded market expectations, with sales up 8% year-on-year to $118.2 million and GAAP profit of $1.95 per share, beating analyst estimates by 13.8%. The company's net interest income and revenue surpassed estimates, but its tangible book value per share missed projections. Overall, it was considered a solid quarter with some upside, though the stock remained flat immediately after the announcement.
1st Source (SRCE) Q2 Earnings and Revenues Beat Estimates
1st Source (SRCE) reported strong Q2 earnings of $1.95 per share, surpassing the Zacks Consensus Estimate of $1.71, and revenues of $118.16 million, beating estimates by 2.57%. The company has outperformed the S&P 500 year-to-date, with its shares up 32.6% compared to the S&P 500's 9.6% gain. Based on favorable estimate revisions, 1st Source currently holds a Zacks Rank #2 (Buy), indicating expected market outperformance.
1st Source: Q2 Earnings Snapshot
1st Source reported its second-quarter earnings, announcing net income of $26.8 million, or 97 cents per share. This performance is an increase from the $21.5 million, or 87 cents per share, recorded in the same period last year. The financial results indicate a positive growth trend for the company.
1st Source reports Q2 net income of $47.5 million, up 27%
1st Source Corporation reported a strong second quarter in 2026, with net income rising 27.40% to $47.54 million. Diluted net income per common share increased to $1.95, and the company's Board of Directors approved a cash dividend of $0.45 per share, up from the previous year. The financial institution, which operates 78 banking centers in northern Indiana and southwest Michigan, also saw increases in average loans and leases, and deposits, alongside improved returns on average assets and common shareholders' equity.
1st Source Corporation Reports Record Second Quarter Results, Increased Cash Dividend Declared
1st Source Corporation announced record second-quarter 2026 results, with net income up 27.40% year-over-year to $47.54 million and diluted net income per common share rising to $1.95. The company also declared an increased cash dividend of $0.45 per common share. This strong financial performance was driven by growth in loans and deposits, improved credit quality, and honors such as being named to KBW's Bank Honor Roll for the eighth consecutive year.
1st Source Corporation Reports Record Second Quarter Results, Increased Cash Dividend Declared
1st Source Corporation announced record second-quarter net income of $47.54 million for 2026, marking an 18.99% increase from the previous quarter and a 27.40% rise year-over-year. Diluted net income per common share was $1.95, and the Board of Directors approved an increased cash dividend of $0.45 per share. The company highlighted strong growth in average loans, leases, and deposits, improved credit quality, and recognition on the KBW Bank Honor Roll for the eighth consecutive year.
